Open Text Corp (OTEX) - Net Assets

Latest as of December 2025: CA$4.05 Billion CAD ≈ $2.93 Billion USD

Based on the latest financial reports, Open Text Corp (OTEX) has net assets worth CA$4.05 Billion CAD (≈ $2.93 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$13.57 Billion ≈ $9.82 Billion USD) and total liabilities (CA$9.52 Billion ≈ $6.89 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Open Text Corp to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$4.05 Billion
% of Total Assets	29.81%
Annual Growth Rate	17.55%
5-Year Change	-4.12%
10-Year Change	98.6%
Growth Volatility	52.4

Open Text Corp - Net Assets Trend (1997–2025)

This chart illustrates how Open Text Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Open Text Corp for the complete picture of this company's asset base.

Annual Net Assets for Open Text Corp (1997–2025)

The table below shows the annual net assets of Open Text Corp from 1997 to 2025. For live valuation and market cap data, see OTEX market cap.

Year	Net Assets	Change
2025-06-30	CA$3.93 Billion ≈ $2.84 Billion	-6.41%
2024-06-30	CA$4.20 Billion ≈ $3.04 Billion	+4.42%
2023-06-30	CA$4.02 Billion ≈ $2.91 Billion	-0.25%
2022-06-30	CA$4.03 Billion ≈ $2.92 Billion	-1.64%
2021-06-30	CA$4.10 Billion ≈ $2.97 Billion	+2.31%
2020-06-30	CA$4.01 Billion ≈ $2.90 Billion	+3.14%
2019-06-30	CA$3.88 Billion ≈ $2.81 Billion	+4.50%
2018-06-30	CA$3.72 Billion ≈ $2.69 Billion	+5.21%
2017-06-30	CA$3.53 Billion ≈ $2.56 Billion	+78.52%
2016-06-30	CA$1.98 Billion ≈ $1.43 Billion	+8.16%
2015-06-30	CA$1.83 Billion ≈ $1.32 Billion	+11.43%
2014-06-30	CA$1.64 Billion ≈ $1.19 Billion	+22.81%
2013-06-30	CA$1.34 Billion ≈ $967.32 Million	+13.38%
2012-06-30	CA$1.18 Billion ≈ $853.15 Million	+13.46%
2011-06-30	CA$1.04 Billion ≈ $751.92 Million	+17.29%
2010-06-30	CA$886.22 Million ≈ $641.08 Million	+29.10%
2009-06-30	CA$686.46 Million ≈ $496.58 Million	+6.46%
2008-06-30	CA$644.83 Million ≈ $466.46 Million	+21.43%
2007-06-30	CA$531.04 Million ≈ $384.15 Million	+14.41%
2006-06-30	CA$464.18 Million ≈ $335.78 Million	+10.47%
2005-06-30	CA$420.19 Million ≈ $303.96 Million	-5.16%
2004-06-30	CA$443.06 Million ≈ $320.50 Million	+172.82%
2003-06-30	CA$162.40 Million ≈ $117.48 Million	+12.75%
2002-06-30	CA$144.03 Million ≈ $104.19 Million	+8.27%
2001-06-30	CA$133.03 Million ≈ $96.23 Million	-3.59%
2000-06-30	CA$137.98 Million ≈ $99.81 Million	-40.73%
1999-06-30	CA$232.80 Million ≈ $168.40 Million	+218.47%
1998-06-30	CA$73.10 Million ≈ $52.88 Million	+72.00%
1997-06-30	CA$42.50 Million ≈ $30.74 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Open Text Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 199991300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	CA$1.94 Billion	49.38%
Common Stock	CA$2.19 Billion	55.84%
Other Comprehensive Income	CA$-67.07 Million	-1.71%
Total Equity	CA$3.93 Billion	100.00%

Open Text Corp Competitors by Market Cap

The table below lists competitors of Open Text Corp ranked by their market capitalization.

Company	Market Cap
APL Apollo Tubes Limited NSE:APLAPOLLO	$5.72 Billion
Technip Energies BV PA:TE	$5.73 Billion
Kion Group AG XETRA:KGX	$5.73 Billion
Rumo S.A SA:RAIL3	$5.73 Billion
Artemis Gold Inc V:ARTG	$5.71 Billion
Ameris Bancorp NYSE:ABCB	$5.70 Billion
Eva Airways Corp TW:2618	$5.70 Billion
Zhejiang Yinlun Machinery Co Ltd SHE:002126	$5.70 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Open Text Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,198,158,000 to 3,928,867,000, a change of -269,291,000 (-6.4%).
Net income of 435,868,000 contributed positively to equity growth.
Dividend payments of 271,523,000 reduced retained earnings.
Share repurchases of 543,905,000 reduced equity.
Other comprehensive income increased equity by 2,552,000.
Other factors increased equity by 107,717,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$435.87 Million	+11.09%
Dividends Paid	CA$271.52 Million	-6.91%
Share Repurchases	CA$543.90 Million	-13.84%
Other Comprehensive Income	CA$2.55 Million	+0.06%
Other Changes	CA$107.72 Million	+2.74%
Total Change	CA$-	-6.41%

Book Value vs Market Value Analysis

This analysis compares Open Text Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.11x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 99.46x to 2.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1997-06-30	CA$0.32	CA$31.51	x
1998-06-30	CA$0.51	CA$31.51	x
1999-06-30	CA$1.23	CA$31.51	x
2000-06-30	CA$0.71	CA$31.51	x
2001-06-30	CA$0.77	CA$31.51	x
2002-06-30	CA$0.85	CA$31.51	x
2003-06-30	CA$0.98	CA$31.51	x
2004-06-30	CA$2.29	CA$31.51	x
2005-06-30	CA$2.00	CA$31.51	x
2006-06-30	CA$2.29	CA$31.51	x
2007-06-30	CA$2.57	CA$31.51	x
2008-06-30	CA$3.02	CA$31.51	x
2009-06-30	CA$3.22	CA$31.51	x
2010-06-30	CA$3.86	CA$31.51	x
2011-06-30	CA$4.46	CA$31.51	x
2012-06-30	CA$5.02	CA$31.51	x
2013-06-30	CA$5.66	CA$31.51	x
2014-06-30	CA$6.81	CA$31.51	x
2015-06-30	CA$7.44	CA$31.51	x
2016-06-30	CA$8.11	CA$31.51	x
2017-06-30	CA$13.81	CA$31.51	x
2018-06-30	CA$13.89	CA$31.51	x
2019-06-30	CA$14.39	CA$31.51	x
2020-06-30	CA$14.74	CA$31.51	x
2021-06-30	CA$14.98	CA$31.51	x
2022-06-30	CA$14.83	CA$31.51	x
2023-06-30	CA$14.87	CA$31.51	x
2024-06-30	CA$15.40	CA$31.51	x
2025-06-30	CA$14.90	CA$31.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Open Text Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 11.09%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.43%
• Asset Turnover: 0.38x
• Equity Multiplier: 3.51x
Recent ROE (11.09%) is above the historical average (5.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1997	-66.35%	-124.78%	0.43x	1.23x	CA$-32.45 Million
1998	-32.15%	-51.88%	0.45x	1.38x	CA$-30.81 Million
1999	8.68%	21.84%	0.35x	1.14x	CA$-3.08 Million
2000	18.18%	22.20%	0.62x	1.33x	CA$11.28 Million
2001	8.12%	7.31%	0.84x	1.32x	CA$-2.51 Million
2002	11.57%	10.93%	0.82x	1.30x	CA$2.27 Million
2003	17.09%	15.62%	0.74x	1.47x	CA$11.52 Million
2004	5.38%	8.00%	0.44x	1.54x	CA$-20.00 Million
2005	4.90%	4.91%	0.65x	1.54x	CA$-21.22 Million
2006	1.09%	1.22%	0.60x	1.48x	CA$-40.86 Million
2007	4.13%	3.64%	0.45x	2.53x	CA$-30.75 Million
2008	8.33%	7.31%	0.51x	2.26x	CA$-10.61 Million
2009	8.29%	7.25%	0.52x	2.20x	CA$-11.71 Million
2010	9.88%	9.60%	0.53x	1.93x	CA$-1.07 Million
2011	11.85%	11.92%	0.53x	1.86x	CA$19.26 Million
2012	10.61%	10.37%	0.49x	2.07x	CA$7.23 Million
2013	11.11%	10.89%	0.51x	1.99x	CA$14.80 Million
2014	13.29%	13.43%	0.42x	2.38x	CA$53.94 Million
2015	12.81%	12.65%	0.43x	2.38x	CA$51.40 Million
2016	14.38%	15.59%	0.35x	2.60x	CA$86.61 Million
2017	29.04%	44.77%	0.31x	2.12x	CA$672.42 Million
2018	6.52%	8.60%	0.36x	2.09x	CA$-129.40 Million
2019	7.35%	9.95%	0.36x	2.04x	CA$-102.84 Million
2020	5.85%	7.53%	0.30x	2.56x	CA$-166.31 Million
2021	7.58%	9.17%	0.35x	2.34x	CA$-99.12 Million
2022	9.85%	11.37%	0.34x	2.53x	CA$-6.02 Million
2023	3.74%	3.35%	0.26x	4.25x	CA$-251.70 Million
2024	11.08%	8.06%	0.41x	3.38x	CA$45.27 Million
2025	11.09%	8.43%	0.38x	3.51x	CA$42.98 Million

Industry Comparison

This section compares Open Text Corp's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $26,501,998
Average return on equity (ROE) among peers: 17.43%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Open Text Corp (OTEX)	CA$4.05 Billion	-66.35%	2.35x	$5.71 Billion
Abaxx Technologies Inc (ABXX)	$-1.66 Million	0.00%	0.00x	$1.39 Billion
Adcore Inc (ADCO)	$9.73 Million	-22.96%	0.49x	$10.05 Million
AnalytixInsight Inc (ALY)	$-2.59 Million	0.00%	0.00x	$1.76 Million
Agereh Technologies Inc (AUTO)	$-5.56 Million	0.00%	0.00x	$4.14 Million
Acceleware Ltd (AXE)	$1.09 Million	-101.21%	0.71x	$11.79 Million
BLUERUSH Media Group Corp (BTV)	$2.19 Million	-8.31%	1.01x	$356.37K
Boardwalktech Software Corp (BWLK)	$-3.36 Million	0.00%	0.00x	$2.80 Million
Computer Modelling Group Ltd. (CMG)	$4.89 Million	29.94%	0.90x	$231.91 Million
Constellation Software Inc. (CSU)	$259.83 Million	39.68%	4.52x	$37.43 Billion
NamSys Inc (CTZ)	$460.17K	237.20%	1.24x	$24.35 Million

About Open Text Corp

TO:OTEX Canada Software - Application

Market Cap

$5.71 Billion

CA$7.90 Billion CAD

Market Cap Rank

#3290 Global

#110 in Canada

Share Price

CA$31.51

Change (1 day)

+2.34%

52-Week Range

CA$28.40 - CA$55.33

All Time High

CA$65.18